BB is permitting foreign owned/controlled companies operating in Bangladesh to take short term working capital loans, for the tenure of one year extendable to another one year, from their parent companies/shareholders for funding payments of 3-month salaries. The facility is not applicable for those companies availing loan from BDT 50bn stimulus package.
As Japan incentivizes its companies to shift operations out of China, Bangladesh has emerged on the list of attractive low-cost destinations that can assist with the diversification of company supply chains. A special economic zone (SEZ) is being set up on 405 hectares of land in the Araihazar sub-district, which is about 32 km from Dhaka. In terms of financing its development, it is reported that Japan has earmarked US$350 million in special loans to set up the US$1 billion industrial zone. As per the Bangladesh Economic Zones Authority, this industrial zone is expected to attract US$20 billion in Japanese investment. There are presently about 300 Japanese firms operating in Bangladesh.
list of companies operating in epz in bangladesh
Grameenphone Ltd. has so far invested more than BDT 313 billion to build the network infrastructure all over Bangladesh which helps it to become the number one telecommunication company in Bangladesh. While writing about these top 10 companies lists we have amazed by figuring out that it is one of the largest taxpayers company in Bangladesh which has contributed more than BDT 585 billion in direct and indirect taxes to the Government of Bangladesh Exchequer since its inception.
The first factory in Bangladesh (the then East Pakistan) was set up in 1949 at Fauzdarhat in Chattogram and in 1965, the second factory of Pakistan Tobacco Company was set up in Mohakhali, Dhaka. BAT Bangladesh is the first company listed on both Dhaka & Chittagong Stock Exchanges. And it has claimed its position among the top 10 companies in terms of Market Capitalism in Bangladesh. Its contribution to tax in Bangladesh was 22630 BDT core in 2018-2019.
SQUARE Pharmaceuticals Limited has extended its range of services towards the highway of the global market. It is the only pharmaceutical company listed 5 in the top 10 companies of Bangladesh. It pioneered exports of medicines from Bangladesh in 1987 and has been exporting antibiotics and other pharmaceutical products. The present export market covers 42 countries. This extension in business and services has manifested the credibility of Square Pharmaceuticals Limited.
The Dhaka EPZ plant consists of 4 Wärtsilä Finland 20V34SG engines and 5 Rolls-Royce Norway B35:40V20AG2 engines for a combined output of 86 MW. The Chattogram EPZ plant consists of 5 Wärtsilä Finland 20V34SG engines and 3 Rolls-Royce Norway B35:40V20AG2 engines for a combined output of 72 MW. On top of supplying to the EPZs, the surplus energy is being provided to the PBS-1, Savar of Rural Electrification Board (REB) from Dhaka EPZ power plant, and to Bangladesh Power Development Board from Chattogram EPZ power plant. It is the only power plan that is listed in the top 10 companies in Bangladesh
Beximco Pharmaceuticals Limited is a leading manufacturer and exporter of medicines in Bangladesh. Incorporated in 1976, the Company started its operation by importing products from Bayer, Germany, and Upjohn, USA, and selling them in the local market. It is the 3rd pharmaceutical company listed in the top 10 companies in Bangladesh. In 1980, Beximco Pharma began manufacturing these products under the licensing arrangement and the company launched its formulation brands in 1983. From that humble beginning, Beximco Pharma has grown from strength to strength. Today, it has emerged as a global generic pharma company in the region. 2ff7e9595c
Comments